Ben Curren, CEO of Green Bits, at TechCrunch Disrupt SF 2015
A super-smart group of folks that sold a company (Outright.com) to GoDaddy has launched its point of sale service specifically aimed at shops selling cannabis. They’re called Green Bits.
To be taken seriously as an industry, companies are going to need to go completely legit. That means tracking sales, filing taxes, paying full-time employees and providing benefits. That means that companies like Green Bits can slide right in and help out immediately. Plus, this business might be a little too sticky for Square or PayPal to jump into…so there’s the opportunity.
As a first-mover, the team can do some serious damage by signing up shops from every state in the US that starts relaxing its current marijuana laws.
The team calls it “The easiest way to run your store” and it looks like they’re right. Sure, it tracks inventory of bud and accessories, but it keeps shops running legally by integrating with the WSLCB Traceability API.
Also, the software sports inventory reconciliation just in case someone who works for you is getting high on your supply. Mobile, too, for when you’re on the run or making deliveries yourself.
Read “Green Bits Launches Point Of Sale Service For Cannabis Shops”, with Drew Olanoff’s interview of CEO Ben Curren: http://techcrunch.com/2015/09/22/green-bits-launches-point-of-sale-service-for-cannabis-shops/